Fairly understandable really. The miners have lost interest bye and bye, and without the POS wallet in place SLR is drifting sideways. If it wasn't for Jupiter2014 putting 141 Mhash into the mining the difficulty would be at or below 1.0. With only BOTs doing any trading you can expect quite large shifts in the price until that POS wallet comes out.

The last few weeks have proved that the price is only reflecting an idea in its infancy. If people valued the new idea and demand picked up more, the price would go up and miners would come back. Yet that hasn't happened. It will be the same with the PoS structure. Until we see action on the idea (i.e. an increase in generators claiming coins), I don't think we'll see much of an uptick in price in the short term, even when the wallet algorithm changes.

Even I fell victim to the expectations trap!

It's an interesting chicken & egg scenario. I think we all had expectations of a price increase solely as a result of making changes to the algorithm even though the only goal of changing the algorithm was to reduce risk on the network to support the price as it naturally goes up. Soon we will have a safer algorithm in place to support growing the network (and eventually price) but it still comes back to the mission of getting coins into generators hands, that IS the point of SolarCoin. And, as we are all aware, that sort of thing doesn't happen overnight, especially when almost everyone involved thinks the only people qualified to grow the network are those involved with the "Foundation". We can all choose to play a larger role, we don't need their permission to do it. The foundation is already there and it isn't about individuals, it's about all of us as a network. As soon as we clue into that, the better off we'll be.

Right now most people are classical "investors". Throw some money at something and expect others to do all the work to make it happen and then when nothing happens, rage against the machine. The thing about cryptocurrency that we need recognize and accept is the fact that we are all cogs in that machine and if it's gonna move we can't just sit back and expect everyone else to do all the work.

And now we are back to the same place we were before, the price is not reflecting the value of the idea. The idea needs to be acted upon more robustly and show signs of becoming a reality first before price will follow. Securing the network via PoS is just one of the first steps the community felt was important to make, i.e. secure the network before coin distribution starts to pick up. The PoS algorithm should keep the technology of the blockchain current for long enough that focus can be paid again to the Mission, thus the current holding pattern. I expect once that hurdle is cleared in the next week or so, advancement towards acting on the mission will continue, hopefully by more of us than just Nick and Joe.

The last few weeks have proved that the price is only reflecting an idea in its infancy. If people valued the new idea and demand picked up more, the price would go up and miners would come back. Yet that hasn't happened. It will be the same with the PoS structure. Until we see action on the idea (i.e. an increase in generators claiming coins), I don't think we'll see much of an uptick in price in the short term, even when the wallet algorithm changes.

Even I fell victim to the expectations trap!

It's an interesting chicken & egg scenario. I think we all had expectations of a price increase solely as a result of making changes to the algorithm even though the only goal of changing the algorithm was to reduce risk on the network to support the price as it naturally goes up. Soon we will have a safer algorithm in place to support growing the network (and eventually price) but it still comes back to the mission of getting coins into generators hands, that IS the point of SolarCoin. And, as we are all aware, that sort of thing doesn't happen overnight, especially when almost everyone involved thinks the only people qualified to grow the network are those involved with the "Foundation". We can all choose to play a larger role, we don't need their permission to do it. The foundation is already there and it isn't about individuals, it's about all of us as a network. As soon as we clue into that, the better off we'll be.

Right now most people are classical "investors". Throw some money at something and expect others to do all the work to make it happen and then when nothing happens, rage against the machine. The thing about cryptocurrency that we need recognize and accept is the fact that we are all cogs in that machine and if it's gonna move we can't just sit back and expect everyone else to do all the work.

And now we are back to the same place we were before, the price is not reflecting the value of the idea. The idea needs to be acted upon more robustly and show signs of becoming a reality first before price will follow. Securing the network via PoS is just one of the first steps the community felt was important to make, i.e. secure the network before coin distribution starts to pick up. The PoS algorithm should keep the technology of the blockchain current for long enough that focus can be paid again to the Mission, thus the current holding pattern. I expect once that hurdle is cleared in the next week or so, advancement towards acting on the mission will continue, hopefully by more of us than just Nick and Joe.

That's my humble opinion.

It's a good opinion.

Personally, I think we also need to tap into the potential investor/promoter/supporter that exists for the good of the cause; not necessarily a solar producer (which will be the backbone of the coin); people who might like to get involved or promote the cryptocurrency, even though they may not be able to produce the energy. IMHO, there is a large number of potential wallets in this space.

I'm coming back to my idea of the coin giveaway site. I'm going to throw out some ideas, and maybe others can lend their thoughts.

The basic premise, is to build a site that allows/provides a vehicle for those who want to get involved and distribute the message. It would be the collection or distribution site, where people could come to claim coins. The site could:

- manage personal donation wallets that contain coins for potential claims- provide the ability for site Users to control a personal donation wallet, where coins could be deposited for potential giveaways- the ability for Users to check their personal wallet balances, and see any claim details- provide the User a sequence of auto-generated unique codes that allow potential Users to visit the site and claim coins- provide a User interface within the site, where the person giving away the coins can define how many potential giveaways (codes) they want to generate, and how many coins per giveaway they would like to distribute (satoshis level, if desired)…not all of the flyers that may contain the codes would be claimed. Note: the donator could have more than 1 giveaway; i.e. some may be special, where the number of coins given away may be larger for one lot of codes.- a deadline for the giveaway (a timeframe when the offer expires)- provide the ability to auto build flyers, that contain basic information about the coin (web site/mission/cause/how to get a wallet/etc.), maybe some cool graphics, an auto generated code per flyer, the url to come and claim the coins/code. *** This feature is a biggie. It's also be nice to auto-produce a large pdf doc, with multiple flyers/pages, with a unique code on each one. Maybe a multiple PDF options (?), so that people could email one or more to their friends or if any PV vendor or other solar manufacturer that may have an email list where the site could autosend an email flyer for promotion?- accept the User input of 2 fields to claim the coins : code from flyer and coin wallet id

Again, I am over-worked and tired, and my mind is not too clear…but I am throwing thoughts out there. I think if everyone started their own promotional campaign, it could be a huge take-off for solarcoin. Even 10k of solarcoins in a fund like this, where you could send a flyer out with 5 slr for each code, and 2000 flyers, would potentially bring in a few dozen/hundred new Users/wallets?

I've spoken to many people about SLR on the IRC. It turns out a few of them are waiting for incorporation so they can offer their services and get a tax break. So don't worry about it, follow the plan and have patience.

It would be interesting to know just how much Solarcoin our Ghost trader has, seems like a never ending supply

They will run out soon, not many selling at the moment and they are the same person who always has the sell box, try it bump the buy price up and watch the top selling one disappear.

I have bee trying for days to try and keep the price up to stop them making a profit, they have to be running either C.A.T or Quataloo, hopefully they will move on soon.

If people are not selling, I, not sure how he is making money from this. He is just selling his solarcoin stake surely. For this to be effective shouldn't he have the ability to buy low and sell high? If all the buyers are hoarding them where is his liquidity coming from?

It would be interesting to know just how much Solarcoin our Ghost trader has, seems like a never ending supply

They will run out soon, not many selling at the moment and they are the same person who always has the sell box, try it bump the buy price up and watch the top selling one disappear.

I have bee trying for days to try and keep the price up to stop them making a profit, they have to be running either C.A.T or Quataloo, hopefully they will move on soon.

If people are not selling, I, not sure how he is making money from this. He is just selling his solarcoin stake surely. For this to be effective shouldn't he have the ability to buy low and sell high? If all the buyers are hoarding them where is his liquidity coming from?